Class A Ordinary Shares Subject to Possible Redemption

6 Months Ended

Jun. 30, 2022

Class A Ordinary Shares Subject to Possible Redemption [Abstract]

Class A Ordinary Shares Subject to Possible Redemption

Note 6 - Class A Ordinary Shares Subject to Possible Redemption

The Company’s Public Shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of future events. As of June 30, 2022 and December 31, 2021, there were 14,950,000 Class A ordinary shares subject to possible redemption, respectively.

The Public Shares issued in the Initial Public Offering and in connection with the over-allotment exercise were recognized in Class A ordinary shares subject to possible redemption as follows:

Gross Proceeds	$	149,500,000
Less:
Offering costs allocated to Class A ordinary shares subject to possible redemption		(8,734,896	)
Plus:
Accretion on Class A ordinary shares subject to possible redemption amount		8,734,896
Increase in redemption value of Class A ordinary shares subject to possible redemption		102,679
Class A ordinary shares subject to possible redemption	$	149,602,679